|
Do you need health insurance and can you deduct it from income?
- my full time gig offers a nice package
Can you avoid or minimize self-employment tax?
- don't know, would like to
Can you take a write-off for a home office?
- I am sure I could if this was set up as a standalone biz
Can you write off cars and travel expenses against income?
- yes, I think I could
Can you potentially move some of the income to kids and/or spouse who might be in lower (or zero) tax bracket?
- the reason why I would put it in my wifes name
__________________
Michael D. Holloway
https://simple.m.wikipedia.org/wiki/Michael_D._Holloway
https://5thorderindustry.com/
https://www.amazon.com/s?k=michael+d+holloway&crid=3AWD8RUVY3E2F&sprefix= michael+d+holloway%2Caps%2C136&ref=nb_sb_noss_1
|